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738 hedge funds and large institutions have $16B invested in Toast in 2025 Q3 according to their latest regulatory filings, with 116 funds opening new positions, 288 increasing their positions, 216 reducing their positions, and 119 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 288 | Existing positions reduced: 216

25% more call options, than puts

Call options by funds: $628M | Put options by funds: $502M

3% less first-time investments, than exits

New positions opened: 116 | Existing positions closed: 119

1% less funds holding

Funds holding: 749738 (-11)

2.92% less ownership

Funds ownership: 89.05%86.13% (-2.9%)

18% less capital invested

Capital invested by funds: $19.6B → $16B (-$3.59B)

47% less funds holding in top 10

Funds holding in top 10: 179 (-8)

Holders
738
Holders Change
-11
Holders Change %
-1.47%
% of All Funds
9.69%
Holding in Top 10
9
Holding in Top 10 Change
-8
Holding in Top 10 Change %
-47.06%
% of All Funds
0.12%
New
116
Increased
288
Reduced
216
Closed
119
Calls
$628M
Puts
$502M
Net Calls
+$126M
Net Calls Change
+$41.6M
Name Holding Trade Value Shares
Change
Change in
Stake
CM
351
Caption Management
Oklahoma
$876K
URS
352
Utah Retirement Systems
Utah
$872K
CFO
353
Callan Family Office
Pennsylvania
$871K +$788K +18,153 +319%
LA
354
Legacy Advisors
Pennsylvania
$857K +$1.02M +23,472 New
AV
355
ASR Vermogensbeheer
Netherlands
$853K -$1.39K -32 -0.1%
EI
356
Ethic Inc
New York
$846K -$245K -5,638 -20%
BCM
357
Brasada Capital Management
Texas
$841K -$4.86M -111,870 -83%
GIBU
358
Gulf International Bank (UK)
United Kingdom
$837K +$103K +2,381 +12%
IWC
359
Integrated Wealth Concepts
Massachusetts
$835K +$720K +16,584 +264%
AWM
360
Angeles Wealth Management
California
$832K -$34.5K -795 -3%
MSRPS
361
Maryland State Retirement & Pension System
Maryland
$809K +$42.4K +976 +5%
HT
362
HAP Trading
New York
$801K +$100K +2,310 +12%
ITFISA
363
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna
$800K -$738K -17,000 -44%
EMAM
364
Encompass More Asset Management
California
$799K +$950K +21,884 New
RBC
365
Romano Brothers & Co
Illinois
$785K
LCM
366
Laurion Capital Management
New York
$783K -$261K -6,008 -22%
KAS
367
Kestra Advisory Services
Texas
$782K +$80.4K +1,851 +9%
XT
368
XTX Topco
Cayman Islands
$775K +$922K +21,237 New
BMO
369
Beck Mack & Oliver
New York
$764K
KPPF
370
Klein Pavlis & Peasley Financial
California
$758K +$901K +20,750 New
SCA
371
Snowden Capital Advisors
New York
$748K +$282K +6,498 +46%
PAG
372
Private Advisor Group
New Jersey
$746K +$269K +6,192 +43%
SOW
373
State of Wyoming
Wyoming
$744K -$194K -4,463 -18%
SW
374
SteelPeak Wealth
California
$740K
Royal London Asset Management
375
Royal London Asset Management
United Kingdom
$738K -$67.9K -1,563 -7%